demand and slow down GDP growth, even in the face of the positive technology shock that AI entails. If the elasticity of … substitution is low, then GDP, productivity and wage growth may however still slow down, because the economy will then fail to …, productivity, and GDP. …

direct investment, imports of productivity-enhancing technology - are petering out, and are yet to be substituted. We propose … economies' growth prospects in a post-COVID world. Based on analysis of firm-level data, we highlight the prerequisites of …

In medieval times, most people identified with religious values and aggregate income and productivity grew at glacier … speed. In the 20th century, religion played a much lesser role in daily life and income and productivity grew at high and … worldly pleasures and aggregate productivity takes off. An extension of the basic model investigates the Protestant …

The productivity generated by capital goods is not uniform along the time. When there exist conventional physical … capital goods the productivity obtained is minor that the one generated by quality capital goods. To obtain a correct measure … productivity of the investment goods constructing hedonic prices indices. This school is represented among others by Hulten (1992 …